American Capital Trust I PFD TR SECS 6% (AMBKP)
American Capital Trust I PFD TR SECS 6% operates in the Banks - Regional industry of the Financial Services sector, headquartered in Bethesda, MD, US. The stock last traded at $13.00, up 0.00% on the session, giving a market capitalisation of $167.1M. On trailing twelve-month figures it carries a trailing P/E of 86.67, a net margin of 12.1%. Its beta of -0.08 implies it has historically moved less than the broad market.
American Capital Trust I is a financial trust primarily involved in the issuance and management of 6.00% Cumulative Convertible Trust Preferred Securities (AMBKP). These securities are guaranteed by American Bank Inc. and provide investors with quarterly distributions. The trust's assets are composed of 6.00% Convertible Junior Subordinated Deferrable Interest Convertible Debentures, which were acquired from American Bank Inc. through the proceeds generated from the sale of the preferred securities. The preferred shares offer investors the option to convert them into common stock of American Bank Inc. The trust operates within the financial services industry, serving as a financing vehicle for American Bank Inc. and targeting investors interested in income-generating preferred securities with conversion features.
American Capital Trust I PFD TR SECS 6% is most often compared with the following Financial Services names: